Military expenditure in Cape Verde

Cape Verde: Military expenditure was 0.6% in 2024. ◆ Volatile

Latest (2024)
0.6%
Change on year
up 10.1%
World rank
147th
of 164 countries
All-time high
2.8%
in 1984
All-time low
0.4%
in 2019
Years of data
38
1984–2024

Military expenditure in Cape Verde, 1984–2024

0.511.522.531984200420241984: 2.8 % of GDP1985: 2.5 % of GDP1986: 2.3 % of GDP1987: 2.1 % of GDP1988: 1.9 % of GDP1992: 0.993 % of GDP1993: 0.757 % of GDP1994: 0.839 % of GDP1995: 1.3 % of GDP1996: 0.844 % of GDP1997: 0.831 % of GDP1998: 0.859 % of GDP1999: 0.839 % of GDP2000: 1.2 % of GDP2001: 0.754 % of GDP2002: 0.665 % of GDP2003: 0.649 % of GDP2004: 0.631 % of GDP2005: 0.649 % of GDP2006: 0.565 % of GDP2007: 0.481 % of GDP2008: 0.549 % of GDP2009: 0.45 % of GDP2010: 0.451 % of GDP2011: 0.477 % of GDP2012: 0.506 % of GDP2013: 0.484 % of GDP2014: 0.493 % of GDP2015: 0.51 % of GDP2016: 0.55 % of GDP2017: 0.471 % of GDP2018: 0.486 % of GDP2019: 0.432 % of GDP2020: 0.619 % of GDP2021: 0.547 % of GDP2022: 0.456 % of GDP2023: 0.566 % of GDP2024: 0.624 % of GDP

Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in % of GDP.

Analysis

Cape Verde recorded 0.6% for military expenditure in 2024.

Compared with earlier readings it is up 10.1% on the previous year and up 26.7% over ten years.

Over the whole period, military expenditure in Cape Verde peaked at 2.8% in 1984 and was at its lowest, 0.4%, in 2019.

Cape Verde ranks 147th of 164 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Military expenditure in Cape Verde, year by year

Annual values for Military expenditure (% of GDP) in Cape Verde, 1984 to 2024.
Year % of GDP Change
1984 2.8%
1985 2.5% -11.8%
1986 2.3% -5.2%
1987 2.1% -9.9%
1988 1.9% -9.0%
1992 1.0% -48.1%
1993 0.8% -23.8%
1994 0.8% +10.9%
1995 1.3% +50.8%
1996 0.8% -33.3%
1997 0.8% -1.6%
1998 0.9% +3.3%
1999 0.8% -2.3%
2000 1.2% +37.6%
2001 0.8% -34.7%
2002 0.7% -11.7%
2003 0.6% -2.5%
2004 0.6% -2.7%
2005 0.6% +2.9%
2006 0.6% -13.0%
2007 0.5% -14.8%
2008 0.5% +14.0%
2009 0.4% -18.0%
2010 0.5% +0.3%
2011 0.5% +5.7%
2012 0.5% +6.1%
2013 0.5% -4.4%
2014 0.5% +1.8%
2015 0.5% +3.6%
2016 0.6% +7.8%
2017 0.5% -14.5%
2018 0.5% +3.3%
2019 0.4% -11.1%
2020 0.6% +43.3%
2021 0.5% -11.7%
2022 0.5% -16.6%
2023 0.6% +24.2%
2024 0.6% +10.1%

Averages by decade

DecadeAverage LowestHighest Years
1980s 2.3% 1.9% 2.8% 5
1990s 0.9% 0.8% 1.3% 8
2000s 0.7% 0.4% 1.2% 10
2010s 0.5% 0.4% 0.6% 10
2020s 0.6% 0.5% 0.6% 5

Countries ranked near Cape Verde

  1. 144 South Africa 0.7% compare
  2. 145 Egypt 0.7% compare
  3. 146 Ethiopia 0.7% compare
  4. 148 Argentina 0.6% compare
  5. 149 Moldova 0.6% compare
  6. 150 Gambia 0.6% compare

See the full ranking of 209 places →

More public sector data for Cape Verde

All data for Cape Verde →

Frequently asked questions

What is military expenditure in Cape Verde?
Military expenditure in Cape Verde was 0.6% in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
What is the highest military expenditure recorded in Cape Verde?
The highest recorded value was 2.8% in 1984.
What is the lowest military expenditure recorded in Cape Verde?
The lowest recorded value was 0.4% in 2019.
How does Cape Verde rank for military expenditure?
Cape Verde ranks 147th out of 164 countries with data for 2024.
Is military expenditure rising or falling in Cape Verde?
Over the last ten years it is up 26.7%. The long-run trend across the full record is volatile.
Where does this Cape Verde data come from?
The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (% of GDP). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 38 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

Share, cite or embed this page

Cite this page

Military expenditure in Cape Verde. Statizoid, drawing on SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Retrieved 01 September 2026, from https://public-sector.statizoid.com/stat/military-expenditure-percent-of-gdp/cabo-verde/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://public-sector.statizoid.com/stat/military-expenditure-percent-of-gdp/cabo-verde/">Military expenditure in Cape Verde</a> — Statizoid

About this data

Indicator
Military expenditure (% of GDP)
Unit
% of GDP
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
209 places, 10,533 data points, 1960–2024
Last refreshed

Military expenditure by country as percentage of gross domestic product